AdvisorShares Hotel ETF (NYSEARCA:BEDZ) Shares Cross Above 200-Day Moving Average – What’s Next?

AdvisorShares Hotel ETF (NYSEARCA:BEDZGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $28.89 and traded as high as $33.63. AdvisorShares Hotel ETF shares last traded at $33.63, with a volume of 955 shares changing hands.

AdvisorShares Hotel ETF Stock Performance

The company has a market capitalization of $4.02 million, a PE ratio of 23.22 and a beta of 1.00. The business has a fifty day moving average price of $31.09 and a 200 day moving average price of $28.93.

AdvisorShares Hotel ETF Company Profile

(Get Free Report)

The AdvisorShares Hotel ETF (BEDZ) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is an actively managed ETF that provides exposure to US hotels, resorts, cruise lines and their sub-industries. BEDZ was launched on Apr 20, 2021 and is managed by AdvisorShares.

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